Comcast Emerges As Highest Bidder For Sky After Auction

(Bloomberg) -- Comcast Corp. offered 17.28 pounds per share in auction for Sky Plc, topping 21st Century Fox’s bid at 15.67 pounds per share, the U.K. Takeover Panel announced in a statement on Saturday.

The Comcast offer values Sky at 29.7 billion pounds ($38.8 billion).

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